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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (3245)12/11/2003 9:42:09 PM
From: mishedlo  Read Replies (1) of 110194
 
so this gives me cause for concern--could anti-USD just become another bubble?

Of course.
But When?

We are a long ways off IMO.
Look at our balance of trade, debt, loss of jobs, military spending, state budgets, pension plan deficits, etc etc etc etc and you realize the US $ can easily fall to 60 no matter how much Japan throws at it.

This "strong dollar" policy of Snow is the biggest farce on the planet. Are other foreign governments laughing their collective asses off at this idiot? We have done everything possible to debase it, so IMO it is obvious they just do not care (and in fact may want it debased).

Haim did a couple of posts that showed in his opinion that the US$ is oversold, undervalued. Too much scepticism and too little dont cares IMO for this to be the bottom of the US$. If we bounce I will short the damn thing and yes I am incredibly pissed I missed this last plunge. Kept waiting for a damn bounce that never happened.

M
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